Buy ACC, target price Rs 2,400: Motilal Oswal Financial Services

Motilal Oswal Financial Services has recommended a buy call for ACC with a target price of Rs 2400. ACC's revenue and profit have seen significant growth in the latest quarter. However, margins are expected to recover gradually. Promoters hold a 56.69% stake, with FIIs and DIIs holding 5.14% and 24.56%, respectively.